This private bank changed FD interest rates, also launched a special scheme, new rates implemented from February 23

By Samira Vishwas On Feb 22, 2026

Private sector IDBI Bank has changed the fixed deposit interest rates (FD Rates). The new interest rates are to be implemented from 23 February 2026. This bank is offering 3% to 6.50% interest to ordinary citizens on deposits starting from Rs 3 crore. Whereas senior citizens are getting 50 bps more returns. Maximum interest rate 7% for people in the age group of 60 years to 80 years. Customers can invest from 7 days to 20 years. The bank has also launched a special FD scheme.

The bank is offering the highest interest on tenures ranging from 2 years to less than 3 years. Under Tax Saving FD, it is offering 6.25% return to general citizens and 6.75% to senior citizens on 5 years tenure. Vasundhara Green Deposit is offering 6.35% interest.

About new FD scheme

The name of the new special FD scheme of the bank is “Arogya Fixed Deposit”. Its duration is 370 days. The bank is offering 6.10% interest on this. Any person between 18 years to 58 years 11 months can avail the benefit of the scheme. The special thing is that under this scheme, health insurance coverage of Rs 15 lakh is available on an investment of Rs 7.50 lakh. This facility is offered by Suvidha Care Health Insurance.

Deadline of this scheme is 27th March.

The bank is also offering a special scheme called Utsav FD. Its validity is 31 March 2026. There are two tenure options available in this. On investment of 555 days, general citizens get 6.40% interest and senior citizens get 6.90% interest. The bank is offering 6.45% interest to general citizens and 6.95% interest to senior citizens on a tenure of 700 days. Under Chiranjeevi Super Senior FD Scheme, people aged 80 years and above are getting 7.05% interest on tenure of 555 days. The bank is offering 7.10% interest on tenure of 700 days.

Interest rates for regular FD

7 to 30 days – 3%
31 to 45 days – 3.15%
46 to 60 days – 4.35%
61 to 90 days – 4.60%
From 91 days to 6 months – 5.35%
6 months 1 day to 270 days – 5.50%
From 271 days to less than 1 year – 5.80%
1 year- 6.20%
Above 1 year and up to 2 years – 6.25%
Above 2 years and up to 3 years – 6.50%
From 3 years to less than 5 years – 6.35%
5 years- 6.25%
Above 5 years and up to 7 years – 5.95%
Above 7 years and up to 10 years – 5.90%
From 10 years to 20 years – 5.80%

Check new interest rates here

(Disclaimer: This article is based on the official website of the bank. Interest rates change from time to time. Before investing, visit the official website of the bank or the nearest branch. Read does not recommend investing in any scheme, share market etc.)